Business and Economic News

Target CEO reshapes his leadership team in first big move since taking over this month
Target CEO Michael Fiddelke is reshuffling his leadership team and making other changes shortly after stepping into the top job at the retailer that has struggled operationally. Rick Gomez, the 23-year Target veteran who oversees the chain’s vast inventory of merchandise, will leave the company.
Silicon Tundra? Tech startups eye testing autonomous vehicles in northern Minnesota
Anno.Ai and Spear.Ai want to build infrastructure to allow companies to test technologies ranging from unmanned submarines in Lake Superior to autonomous vehicles navigating abandoned underground mines on the Iron Range. 
Minnesota's construction industry is feeling the impact of ICE
The construction industry is taking a hit from immigration enforcement activity in Minnesota. MPR News host Angela Davis talks about the impact of workers staying home, short-staffed subcontractors and how its affecting the building trades.
Many Midwest farmers have mixed feelings about upcoming USDA payments
Farmers across the country will receive a check at the end of the month to partly compensate for losses experienced last year. Soybean growers in Minnesota and North Dakota say the payments won’t be enough to make them whole.
Minnesota experiences third quarter drop in exports
Minnesota’s exports were down nearly 14 percent or $964 million in the third quarter of 2025 compared to a year prior. That's according to data released by the state Department of Employment and Economic Development or DEED.
Investment fund announced for downtown St. Paul projects
The fund will support projects like office-to-residential conversions and pedestrian-focused street improvements, among other goals.
Uncertainty looms large for Minnesota businesses amid ICE surge
While it’s too early to draw firm, data-driven conclusions, no one is going out on a limb by saying the combination of turbulence and uncertainty seen in Minnesota right now will exact an economic price on the state.
Protesters call on Target to speak out against ICE
Protesters gathered outside Target’s headquarters in Minneapolis on Monday morning, renewing calls for the Minnesota-based company to push back on ICE operations in the state.